ModivCare Inc expected to post earnings of $1.62 a share - Earnings Preview

ModivCare

02/08/2023 03:09

* ModivCare Inc  MODV.OQ   MODV.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 3. 
    * The Denver Colorado-based  company is expected to report 
a
4.1% increase in revenue to $653.857 million from $628.22
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ModivCare Inc is
for
earnings of $1.62 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ModivCare
Inc is
$96.5​, above​ its last closing price of $37.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.54        1.50       1.42      Missed  -5
 Dec. 31 2023  1.67        1.56       2.11      Beat    35.7
 Sep. 30 2022  1.67        1.62       1.61      Missed  -0.5​
 Jun. 30 2022  1.44        1.42       1.99      Beat    39.8
 ​​Mar.        1.39        1.43       1.57      Beat    9.5
 31 2022                                                
 Dec. 31 2021  1.58        1.62       2.11      Beat    29.9​
 Sep. 30 2021  1.51        1.42       1.63      Beat    14.6
 Jun. 30 2021  1.28        1.29       2.13      Beat    65.8
 This summary was machine generated August 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated